Privacy Compliance
Strengthen Data Privacy Compliance with a Risk-First Approach
Measure Your Program Outcomes
Source: Based on MetricStream customer responses and GRC Journey Business Value Calculator
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decrease in expected regulatory losses and other expenses
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time saved in tracking and linking policies to regulations
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reduction in the time taken to create and update policies
Stay Compliant with an Integrated Approach to Privacy Requirements
The MetricStream Privacy Compliance Management solution provides an integrated framework to manage and monitor data privacy regulations such as GDPR and CCPA. It leverages privacy controls by integrating content from the Unified Compliance Framework (UCF) enabling organizations to map 9,300+ IT control statements to 1,200+ regulations. MetricStream’s privacy compliance solution also enables workflows for data protection impact assessments, policy management, data privacy audits, third-party management and issue remediation. Intuitive dashboards and charts provide real-time insights into privacy management processes. The solution allows you minimize the risk of data breaches and ensure that personal information is handled in a secure and compliant manner, leading to improvement of trust in the organization and avoidance of legal and reputational consequences.
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How Our Privacy Compliance Solution Helps You
Establish Enhanced and Superior Oversight into Privacy Compliance
Gain real-time visibility into all types of compliance activities including policy type, status, audit history, in-process documents. Strengthen visibility into the status of your privacy compliance program, assessment efforts, and the overall compliance profile through predefined, real-time reports, user-specific dashboards, and graphical snapshots. Gain real-time view of risks through powerful, configurable reports, risk heat maps, and risk quantification.
Streamline Compliance Environment
Create and maintain a central structure of the compliance hierarchy, including regulations, processes, assets, risks, controls, and audits. Streamline the process of creating policies and procedures for privacy compliance, as well as managing reviews and approvals, communicating the policies to employees and third parties, and capturing attestations and exceptions. Assign tasks, controls to stakeholders and monitor for progress and gaps. Map privacy controls to regulations and policies, enabling an integrated approach to ongoing privacy and compliance activities.
Enhance Data Protection Impact Assessments and Risk Management
Identify and assess the risks of data processing activities through systematic, automated Data Protection Impact Assessments (DPIA)s. Design DPIA surveys, assign them to data controllers, and tabulate the results with configurable scoring algorithms. Strengthen visibility into IT assets and infrastructure elements that store personal data. Identify, assess, quantify, and monitor the risks to this data through an inbuilt IT risk assessment framework.
Simplify Data Privacy Audit Management
Streamline and automate audits to evaluate the effectiveness of privacy controls and processes. Simplify audit planning and scheduling, create audit tasks, manage work papers, and record audit findings. Generate audit reports such as a statement of applicability of controls and a risk-prioritized remediation plan for non-compliant areas.
AI-Powered Intelligent Issue and Remediation Management
Trigger a systematic process to document and resolve issues that arise from DPIA assessments. Leverage AI/ML to quickly identify issues based on relation and recommend issue classification. Create remediation action plans and route them to reviewers for approval. Send out automated alerts to ensure that issue and remediation task assignments are on track.
Optimize Case and Incident Management
Manage complaints from data subjects, as well as requests for personal data erasure, and objections to data processing. Streamline and standardize case recording, investigation, resolution, and reporting. Track and monitor the status of each case in real time.
Contain Third-Party Risks and Ensure Business Continuity
Ensure operational and business resilience by assessing and monitoring third parties and connected risks in line with privacy requirements. Automatically trigger risk and control assessments to third-party data processors to identify areas of high-risk exposure and use these and overall insights to proactively plan crisis responses to possible data breaches and test recovery plans. If a breach occurs, enable a systematic approach to log, track, investigate, report, and resolve the incident.
Simplify Policy Creation, Communication, and Assessments
Use the product’s built-in automated workflows, to simplify the policy creation, review and approval process and instantly send out automatic notifications to the target audience. Manage and design control tests or self-assessment plans in the form of surveys and questionnaires. Configure and execute IT compliance surveys, certifications, and control self-assessments based on predefined templates and schedules.
How Our Privacy Compliance Software Solution Benefits You
- Stay compliant and avoid costly fines by ensuring data protection and processing activities comply with global data privacy standards
- Improve real-time visibility into the overall data privacy compliance posture, status of issues and remediations
- Reduce compliance efforts and costs by harmonizing controls using a risk-based approach
- Gain a contextual view of requirements by mapping privacy regulations to specific controls, risks, policies, and processes
- Manage enterprise privacy requirements including risk, audit, and third-party assessments with a unified and integrated solution
Frequently Asked Questions
MetricStream's Privacy Compliance Solution provides an integrated framework to manage and monitor data privacy regulations across the enterprise. It leverages privacy controls through integration with the Unified Compliance Framework (UCF), enabling organizations to map over 9,300 IT control statements to more than 1,200 regulations. The solution includes workflows for data protection impact assessments, policy management, data privacy audits, third-party management, and issue remediation—all supported by real-time dashboards and charts.
MetricStream's Privacy Compliance Solution supports compliance with global data privacy regulations including GDPR, CCPA, PCI-DSS, HIPAA, and the EU AI Act, as well as region-specific data protection regulations. The solution's control mapping capabilities allow organizations to manage compliance across multiple jurisdictions simultaneously, reducing the effort required to maintain separate compliance programs for each applicable regulation.
According to customer responses and the GRC Journey Business Value Calculator, MetricStream's Privacy Compliance Solution has delivered a 39% decrease in expected regulatory losses and other expenses, a 50% time savings in tracking and linking policies to regulations, and a 55% reduction in time taken to create and update policies.
MetricStream's Privacy Compliance Solution enables systematic, automated Data Protection Impact Assessments (DPIAs) to identify and assess the risks of data processing activities. DPIA surveys can be designed within the platform and assigned to data controllers. Results are tabulated using configurable scoring algorithms, providing a structured and auditable record of the DPIA process. Issues identified through DPIAs are automatically routed for remediation through AI-powered issue management workflows.
MetricStream's Privacy Compliance Solution includes IT Vendor Risk Management capabilities that assess and monitor third-party data processors in line with privacy requirements. Risk and control assessments for third-party processors are triggered automatically, and areas of high-risk exposure are identified and tracked. The solution also supports proactive crisis response planning for potential data breaches, including testing of recovery plans. If a breach occurs, a systematic process is available to log, track, investigate, report, and resolve the incident.
MetricStream's Privacy Compliance Solution streamlines and automates privacy-related internal audits to evaluate the effectiveness of privacy controls and processes. Audit planning and scheduling are simplified within the platform. Auditors can create audit tasks, manage work papers, and record findings. The solution generates audit reports including statements of applicability of controls and risk-prioritized remediation plans for non-compliant areas, providing the structured audit evidence required to demonstrate accountability to regulators.
MetricStream's Privacy Compliance Solution includes Case and Incident Management capabilities that handle complaints from data subjects, requests for personal data erasure, and objections to data processing. Each case is recorded, investigated, resolved, and reported through a standardized, structured process. The status of each case can be tracked in real time, ensuring that organizations meet the response deadlines imposed by regulations such as GDPR.
MetricStream's Privacy Compliance Solution includes IT and Cyber Policy Management capabilities that streamline the creation, review, and approval of privacy-related policies through automated workflows. Policies are instantly communicated to the target audience with automatic notifications, and attestations confirm that employees have read and acknowledged privacy policies. Policies are mapped to regulations, risks, and controls, enabling compliance teams to identify policy gaps quickly when privacy regulations change.
MetricStream's Privacy Compliance Solution uses AI to improve the efficiency of issue and remediation management within the privacy program. AI quickly identifies issues based on their relationship to other issues arising from DPIA assessments, recommends appropriate issue classifications, and routes remediation action plans to the right reviewers. Automated alerts keep issue and remediation task assignments on track, reducing the risk of privacy compliance issues being left unresolved past regulatory deadlines.
MetricStream's Privacy Compliance Solution is designed for CISOs, CIOs, Data Protection Officers (DPOs), compliance leaders, and their teams at organizations that collect, process, or share personal data at scale. It is particularly valuable for organizations in financial services, healthcare, retail, and technology that operate across multiple jurisdictions and face compliance obligations under multiple data protection regulations simultaneously. Third parties who process personal data on behalf of these organizations may also be assessed through the solution's vendor risk management capabilities.
